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Circulars

Issue and listing of Commercial Paper by listed InvITs

September 22, 2022 1047 Views 0 comment Print

It has been decided that, InvITs may issue listed commercial papers subject to the following: InvITs shall abide by the guidelines prescribed by Reserve Bank of India for issuances of commercial papers.

Issue and listing of Commercial Paper by listed REITs

September 22, 2022 888 Views 0 comment Print

n terms of Reserve Bank Commercial Paper Directions, 2017 dated August 10,2022 Real Estate Investment Trust (REIT) having net worth of INR 100 Crore or higher are eligible to issue commercial paper.

ESIC launches facility for online submission of Maternity Benefit Claims

September 22, 2022 822 Views 0 comment Print

Online submission of Maternity Claim has been deployed. The I.W. whose UAN number has been seeded in the system, can claim for Maternity Benefit through IP Portal.

CBIC circular on Classification of Truck Cranes or All Terrain Cranes

September 22, 2022 2391 Views 0 comment Print

F. No.528/10/2021-STO(TU) Government of India Department of Revenue Ministry of Finance (Central Board of Indirect Taxes & Customs) Tariff Unit, North Block, New Delhi Circular No: 20/2022-Customs | Dated: 22nd September, 2022 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of Customs and Central Tax All Principal Commissioners/ Commissioners of […]

SEBI Framework on Social Stock Exchange (SSE)

September 19, 2022 2985 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2022/120 | Dated: September 19, 2022 To All Recognized Stock Exchanges All Recognized Depositories All Merchant Bankers and Brokers registered with SEBI All Social Enterprises All Social Impact Fund registered with SEBI All Social Audit Firms/ Institute of Chartered Accounts of India Dear Sir / Madam, Sub: Framework on […]

Validation of Instructions for Pay-In of Securities from Client demat account

September 19, 2022 7116 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DoP/P/CIR/2022/119 | Dated: September 19, 2022 To, All Depositories All recognized Stock Exchanges and Clearing Corporations Madam / Sir, Sub: Validation of Instructions for Pay-In of Securities from Client demat account to Trading Member (TM) Pool Account against obligations  received from the Clearing Corporations 1. In order to protect […]

Reduction of Timelines for Withdrawal from T+4 to T+2 for pension Subscribers benefit

September 19, 2022 1083 Views 0 comment Print

The withdrawal requests of Subscribers at the time of exit were hitherto executed on T+4 working/settlement days (T being the day of authorization of withdrawal request by Nodal office/PoP/Subscriber) and the timeline has been reduced to T+2.

IFSCA: Reporting of Transactions for India’s External Account Statistics

September 19, 2022 2772 Views 0 comment Print

International Financial Services Centres Authority Circular F. No. 722/IFSCA/Banking/2022-23/1 | Dated: September 19, 2022 To, All IFSC Banking Units Madam / Sir, Sub: Reporting of Transactions for India’s External Account Statistics 1. The Balance of Payment (BOP) and International Investment Position (IIP) Manual – Sixth Edition (BPM6) of the International Monetary Fund (IMF) provides a statistical framework […]

Guidelines for Deductions & Deposits of TDS by DDOs Under GST Law

September 16, 2022 5052 Views 0 comment Print

In order to comply with the provisions of the said Act for the purpose of TDS, the following steps are required to be taken by the DDOs: A. Registration as Tax Deductors in the GST common portal. B. Deduction of TDS amount as per the provisions from the bills to be paid to the suppliers/deductees. C. Deposit the TDS amount in to appropriate Government account(s). D. File tax Returns for TDS within the prescribed time limit.

Rupee Drawing Arrangement – Enabling BBPS to process cross-border inbound Bill Payments

September 15, 2022 978 Views 0 comment Print

Please refer to A.P. (DIR Series) Circular No. 120 dated April 10, 2014 on ‘Rupee Drawing Arrangement – Direct to Account Facility’, in terms of which, foreign inward remittances received under Rupee Drawing Arrangement (RDA) can be transferred to the KYC compliant beneficiary bank accounts through electronic mode, such as, NEFT, IMPS, etc. subject to the procedure and conditions mentioned therein.

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